ZN! bullish. In correlation tothat along with H1 SMA200 broken by price above recently.
keep eye on fibonacci levels based on Support & Resistance lines for any breakout/pullback on lower timeframes.
Expecting to go to 28580 since not making any new lows on daily timeframe. Let's wait for buy confirmation on lower timeframes on morning in london and new york timezones.
We wait for a retrace to sell eurchf on lower timeframes.
By fib retrace & support and resistance line to continue downward trend.
If daily price unable to break nearest resistance, short to 28368 is assumed.
Plan your trade accordingly based on this zones/levels.
UJ not able to break lowest low of the month, will expect a buy on breakout for at least 40 to 90 pips.
I will put my SL at 1 after H4 candle closes at 1.618 and so on from my previous buy setup triggered at 0.236. This setup coincides with weekly SnR plotted.